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20110701
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is pakistan rebuilding after devastation? >> one country in the heart of europe appears to be immune to the currency crisis. switzerland's frank is rising high and it has become a haven for investors. how helpful is that in this economy? >> the landscape has attracted tourists for over a century. this year, visitors are counting their pennies. euro slides and the swiss franc rises. foreign tourists find switzerland too expensive. >> [speaking foreign language] >> i am watching the situation with enormous concern. things have gotten or sign the last few months. jobs and businesses are really in danger now and that's really bad for our local economy. >> the swiss franc is at an all- time high against the euro. a new study shows that 1000 hotels across the swiss south are threatened with closure. >> there have been job cuts. each of the hotels have already had to cut back on jobs. we have cut two positions. >> hotel owners are looking anxiously to the government for solutions. so far, in vain. an attempt by the swiss national bank to buy out euros and slow down the rise of the swiss fra
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